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Market analysts point to the approaching end of the ceasefire as a key factor influencing investor sentiment. Ponmudi R, CEO of Enrich Money, noted that the


Nifty 50, Sensex Likely to Open Positively as Oil Price Declines
Ponmudi R, CEO of Enrich Money, said the index holds above key support levels but upside is capped at 24,450-24,500. “From a technical perspective, a
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Stock markets trade higher in early session - The Siasat Daily
Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,059.93
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April 21, 2026 at 11:19 AM
US–Iran War Day 53: Last hours for peace? Ceasefire nears expiry
Ponmudi R, CEO of Enrich Money, emphasized that markets are highly sensitive to developments around the ceasefire. ... (Catch all the Business News, Breaking News
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April 21, 2026 at 06:44 PM


Indian markets open in green, but on a cautious note amid global
Ponmudi R, CEO of Enrich Money, highlighted the sensitivity of the current market environment to these diplomatic uncertainties for investors. 'With the
IIndia's News
April 21, 2026 at 06:44 PM


Indian markets open in green, but on a cautious note amid global
Get Latest News on Business only on lokmattimes ... Ponmudi R, CEO of Enrich Money, highlighted the sensitivity of the current
LLokmat Times
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Business News | Indian Markets Open in Green, but on a Cautious
Ponmudi R, CEO of Enrich Money, highlighted the sensitivity of the current market environment to these diplomatic uncertainties for investors. Also Read
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Stock markets trade higher in early session - Deccan Herald
Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,059.93
DDeccan Herald
April 21, 2026 at 06:44 PM


Sensex, Nifty outlook for today: Gift Nifty up 60 pts; key levels to watch
Nifty: For the 50-pack index, Ponmudi R, CEO of Enrich Money, said that the index is holding above key support levels, indicating underlying strength
BBusiness Today
April 21, 2026 at 08:10 AM


Stock markets today: Equities Gain as Hopes for West Asia ... - Rediff
Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said. Global and Local Market Context. In Asian markets, South Korea's benchmark
Wwww.rediff.com
April 21, 2026 at 06:44 PM
Today Forecast
Pre-Market Outlook
2026-04-2106:45 AM
Indian equity markets are expected to open on a cautious and volatile note today, as the two-week ceasefire between the United States and Iran approaches its conclusion. With the truce period nearing expiry, uncertainty has heightened around the next phase of negotiations and the outlook for further diplomatic engagement. Market participants remain focused on whether the ceasefire will be extended or if tensions could resurface, which may significantly influence near-term sentiment.
On the commodities front, Brent crude oil continues to trade within a consolidation range of $93–96 per barrel, reflecting a balance between geopolitical risk premium and demand-supply dynamics. Meanwhile, foreign institutional investors (FIIs) have once again turned net sellers, indicating a risk-off approach amid global uncertainties. However, domestic institutional investors (DIIs) continue to lend support to the markets, helping cushion downside pressures. Persistent FII outflows may continue or even intensify if geopolitical concerns escalate further.
From a corporate perspective, the ongoing Q4 earnings season remains a key domestic trigger, with several major companies reporting their results. Strong earnings, particularly from heavyweight sectors such as banking and financials, could provide selective support to the indices and offset some external headwinds. Overall, the market sentiment remains cautious. Equities are likely to stay highly sensitive to any developments related to US-Iran negotiations and crude oil price movements. Any signs of progress in diplomatic talks could trigger a relief rally, while a breakdown or escalation in tensions may lead to renewed selling pressure. Elevated volatility is expected throughout the session as traders closely monitor global cues alongside domestic earnings announcements.
Technical views
Nifty 50
Nifty 50 is currently trading near the 24,300–24,400 zone, continuing its phase of consolidation after the recent recovery. The index is holding above key support levels, indicating underlying strength, although upside momentum remains capped in the 24,450–24,500 range, which continues to act as a strong resistance zone. From a technical perspective, a sustained breakout above 24,500 will be crucial to extend the upmove towards the 24,800–25,000 levels. On the downside, 24,300–24,250 (previous swing lows) serve as immediate support, followed by the 24,100–24,000 zone, which remains a key psychological and demand area. Overall, the outlook remains cautiously positive, with ongoing consolidation suggesting accumulation. However, a decisive breakout above resistance levels is required to confirm further upside momentum.
Bank Nifty
Bank Nifty is trading with a slight cautious bias, consolidating near the 56,500–56,700 zone following its recent recovery. The index is repeatedly encountering supply pressure at higher levels, which is limiting follow-through buying. From a technical standpoint, the 56,800–57,000 range remains a crucial resistance zone, and a decisive breakout above this band will be required to push the index towards the 57,500–58,000 levels. On the downside, 56,000–55,800 serves as key support zone, followed by a stronger base near 55,500. Overall, the structure indicates sideways consolidation with a mild cautious bias. A sustained breakout above 57,000 is necessary to regain momentum, while a breakdown below key support levels may lead to short-term weakness.
Ponmudi R, CEO of Enrich Money
Today Nifty Outlook
NIFTY50
Today Bank Nifty Outlook
BANK NIFTY

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